New village, new home, new life at Pembroke Place
SHARED ownership is making the property dream come true for keen
first-time buyers at the new village of Kingsway, near Quedgeley,
on the outskirts of Gloucester.
They've already snapped up all three two-bed houses at our Pembroke Place development together with
one of the three-bed homes.
That leaves just two three-bed houses to sell with prices
starting from £35,000* and deposits that could be as little as
Bromford Homes Head of Sales (South) Trish Foster warns other
local first-time buyers to be quick or risk losing out if they too
want to get on the property ladder through HomeBuy shared ownership.
"My advice is simple − don't delay or you could miss out on
this truly affordable opportunity to make your home-owning dream
come true," Trish tells would-be buyers who can't afford to
purchase a property on the open market.
"Affordability is a key issue for so many first-time buyers and,
with many lenders requiring fairly large deposits, shared ownership
really is a great way for people to get into the home-buying
How does it work? "Well you buy between 25% and 75% of the home
you want and pay low rent on the remaining share. It really is as
easy as that," answers Trish.
"Buyers clearly agree − judging by the really positive
response since we launched this development only a few weeks ago.
We've got four confirmed reservations from buyers who want to make
a new life in this new village − and every reason to believe
that we'll have the remainder signed up soon."
She describes the development of two and three-bedroom houses −
at the modern village of Kingsway alongside Quedgeley, roughly
three miles south of Gloucester city centre − as "an ideal
place for young families to make their home owning dream come
The high-quality homes come with all the features that modern
homebuyers expect such as fitted kitchen with oven, hob and
extractor as well as fitted wardrobes in two bedrooms − and
Kingsway has its own primary school and small parade of shops.
"This really is an ideal spot for anyone who doesn't want to
live in the heart of the city but wants easy access to a few shops
and a local school as well as the road and rail network," says
28 March 2013
"That's certainly true of Pembroke Place. It's a great location
that's only a mile from junction 12 of the M5 and a 15-minute drive
from the main railway station and all the other attractions you'll
find in a bustling cathedral city like Gloucester."
* £35,000 is a minimum 25% share of a three-bed house with a full
value of £140,000 and the deposit, based on a 95% mortgage, would
To find out more about Pembroke Place and HomeBuy shared ownership call
0845 60 10 878. You can register your interest and follow
us on Twitter @BromfordHomes